Lorain, OH Commercial Property

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405 4th Street

Lorain, OH 44052

Retail

$1,650,00032,792 SF

This is a one-of-a-kind retail strip in a downtown setting featuring a value-oriented grocery, Dollar General and the U. S. Postal Service Downtown branch. Also has a restaurant and mobile phone store. Within walking distance of much of downtown and nearby residential

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1615 E 29th Street

Lorain, OH 44055

Multi-Family

$1,340,00014,700 SF

NEW HUD HAP CONTRACT JUST RENEWED WITH 11.50% INCREASE! Mary L. Palumbo and CREO Real Estate Properties is pleased to annouce this new Government HUD HAP Contract Building for sale. Total 48 units with 8 one bedrooms and 40 two bedrooms. All units in addition to the rent subsidy, have utility allowances paid by HUD in the amounts of 40.00 - one bedrooms and 44.00 for two bedrooms. Many newer capital improvements have been added with most recently new windows and new shingle sidings. Property is located across the street from Repulic Steel in a very secluded dead end street with lots of new construction homes mixed in with older existing homes. The HUD contract is a guaranteed rent program with 6 months up to a year waiting list. HUD will pay back vacant unit rents once unit is rent ready waiting the new tenants move in. HUD contracts have annual increases across the board. Other than turning a suite for renovation, you should never have any loss of rent. Hud conducts annual to semi annual REACT inspection, last react scored 83%. The 48 units is located in two all brick buildings and built in 1973.

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6145 Park Square Drive

Lorain, OH 44053

Office

$175,00032,000 SF

Unit 4 of the Summit II Condominium project in the Oak Point Professional Park. Located at the Oak Point Road exit off Route 2. Across the Street from the Deerfield Shopping Center anchored by Target, Lowe's, Verizon, Great Clips and Panera. Zoned B-1A. Permitted Uses: Business, charitable, financial, professional and consulting offices, exclusive of retail or wholesale activities conducted on the premises. Medical and dental clinics and offices. Private child care center, private business, technical or trade school, public and private schools. (Ord. 94-06. Passed 6-5-06)

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2001 Henderson Drive

Lorain, OH 44052

Vacant Land

$1,750,00032 acres

32.33 acres for sale along Henderson Drive (Route 611) and the Black River. 1,236.48 feet frontage along the Black River with easy access to Lake Erie. Zoned I-2 for heavy industrial.

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2232 Fairless Drive

Lorain, OH 44055

Retail

$667,0002,430 SF

The Chase Bank property is an outlot to Save-A-Lot grocery store, which has operated at this location for over 33 years. Chase Bank just extended their lease for an additional 5 years. The site is located along Fairless Drive, just west of Lorain Boulevard (State Route 57). SR-57 (19,000 VPD) is a primary north-south 4-lane highway extending 1.5 miles south to I-90 and the Midway Mall, a 1.1 million square foot super regional mall, anchored by JC Penney, Sears, Macy' s and Best Buy, among others. The building contains 2,430 square feet of leasable space and is located on approximately 1 acre of land. The site features 20 parking spaces and includes three full-service drive-thru lanes providing additional convenience and customer service.

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2017 N Ridge Road E

Lorain, OH 44055

Retail

$179,0003,944 SF

Property: 3,944 SF Retail Building; 4 Units - each with Bathrooms; Plenty of Parking - Front & Back; Approximately 6,000 SF of Asphalt; 3 Parcels: 03-00-109-108-020; 03-00-109-108-021; 03-00-109-108-022 Location: Metro Market: Cleveland Submarket: Lorain County/Lorain County County: Lorain CBSA: Cleveland-Elyria-Mentor, OH CSA: Cleveland-Akron-Elyria, OH DMA: Cleveland, OH

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2910 W 21st Street

Lorain, OH 44053

Retail

$79,000546 SF

New windows & siding approximately 2005. New plumbing 2005. Parking lot redone 2007. 2 Taylor Ice Cream machines. Pizza oven -2002 - like new!

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Franke Drive

Lorain, OH 44053

Vacant Land

$399,0004 acres

4 acres of spectacular Lake Erie waterfront. Presently zones multi-family. Other options may be available.

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1900 Elyria Avenue

Lorain, OH 44052

Industrial

$190,0008,625 SF

Drive through capability. Building currently used as car repair. Previous use was manufacturing.

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540544 Broadway

Lorain, OH 44052

Retail

$51,90014,274 SF

Drastic Price Reduction! Large brick building with granite facade. Over 14,000 square feet of space. Wide open floor plan. 2nd floor currently used for legal and medical storage.

Lorain, OH Commercial Property

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